By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.

It featured an interesting look at how politicians in the US Congress can make significant amounts of money on stock deals based on "non-public information" available to them as members of various committees, and names both Democrats and Republicans who have scored because of the manner in which conflict of interest rules for politicians have been framed.

Among those named as making money in such deals is online gambling's arch enemy, Alabama Rep. Spencer Bachus, who is now apparently under some pressure following the Sixty Minutes expose.

You must register/login in order to see the link.

I've watched some clips from the program and the politicians approached seemed evasive to say the least.

I was impressed with now retired Representative Brian Baird, who detailed attempts he made to pass HR1148, a measure which would make stock trades by politicians made on "non-public" information illegal. He was unable to get it through, and it remains buried in Congress. One of the positives to already come out of the program is an undertaking by other politicians to resurrect Baird's bill.

What a great read. And unfortunately, there's not much that can be done about it. I mean if a congressman is not allowed to trade on non-public info, there's no reason that he wouldn't tell his cousin to invest here or there.

And Bacchus...something makes me think he believes the world is only six thousand years old.

The former House speaker left open the possibility that his consulting firm received between $1.6 million and $1.8 million. Gingrich says he received a portion of that for providing "strategic advice for a long period of time" after he left Congress.

That amount is significantly higher than the $300,000 figure Gingrich was questioned about last week.

Gingrich spoke with reporters in Iowa on Wednesday. He defended Freddie Mac's role and said every American should be interested in expanding housing opportunities. The federally backed mortgage lender has become a focal point of anti-government sentiment because of the housing crisis.

Useful Searches

Our Philosophy

Casinomeister has proven to be instrumental in bringing trust, credence, and a level playing ground for the online gaming community. In an industry that still remains to be relatively unregulated, Casinomeister has shown that information empowers the player community in order to make wise decisions when it comes to online gaming.

Where to Start

Disclaimer

Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service free of any gaming operator's control. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.

Copyright 1998-2018. all rights reserved. Casinomeister is a registered trademark. You scrape-a my site, I break-a you face! Legal and Privacy Policy